Cheap Homes for Rent in Alameda Neighborhood of Tempe, AZ from $500 (99 Rentals)

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Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.

property at 1409 S Mill Ave

$599

Total Monthly Price

Total Monthly Price

Base Rent
$599

Total Monthly Price
$599

Studio, 1 Bath Condo for Rent

Available Now

1409 S Mill Ave, Unit 2

1409 S Mill Ave
TempeAZ85281
property at 528 W Howe St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom, 1 Bath Townhome for Rent

Available Mar 31

528 W Howe St

TempeAZ85281

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 1522 E Southern Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

property at 700 W University Dr

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 To 2 Bedroom Condos for Rent

Available Now

property at 906 S Farmer Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

906 S Farmer Ave, Unit C

906 S Farmer Ave
TempeAZ85281
property at 1811 E Apache Blvd

$1,120

Total Monthly Price

Total Monthly Price

Base Rent
$1,120

Total Monthly Price
$1,120

1 Bedroom, 1 Bath Condo for Rent

Available Now

1811 E Apache Blvd

TempeAZ85281
property at 1522 E Southern Ave

$1,161

Total Monthly Price

Total Monthly Price

Base Rent
$1,161

Total Monthly Price
$1,161

Studio, 1 Bath Condo for Rent

Available Now

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 731 W University Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

property at 1811 E Apache Blvd

$1,215

Total Monthly Price

Total Monthly Price

Base Rent
$1,215

Total Monthly Price
$1,215

1 Bedroom, 1 Bath Condo for Rent

Available Now

1811 E Apache Blvd

TempeAZ85281
property at 615 S Hardy Dr

$1,244

Total Monthly Price

Total Monthly Price

Base Rent
$1,244

Total Monthly Price
$1,244

1 Bedroom, 1 Bath Condo for Rent

Available Now

615 S Hardy Dr

TempeAZ85281
property at 1620 W Southern Ave

$1,292

Total Monthly Price

Total Monthly Price

Base Rent
$1,292

Total Monthly Price
$1,292

1 Bedroom, 1 Bath Condo for Rent

Available Now

property at 615 S Hardy Dr

$1,294

Total Monthly Price

Total Monthly Price

Base Rent
$1,294

Total Monthly Price
$1,294

2 Bedroom, 1 Bath Condo for Rent

Available Now

615 S Hardy Dr

TempeAZ85281

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1811 E Apache Blvd

$1,305

Total Monthly Price

Total Monthly Price

Base Rent
$1,305

Total Monthly Price
$1,305

Studio, 1 Bath Condo for Rent

Available Now

1811 E Apache Blvd

TempeAZ85281
property at 949 S Longmore

$1,315

Total Monthly Price

Total Monthly Price

Base Rent
$1,315

Total Monthly Price
$1,315

1 Bedroom, 1 Bath Condo for Rent

Available Now

949 S Longmore

MesaAZ85202
property at 1215 E Lemon St

$960 - $1,345

1 To 2 Bedroom Rentals

Available Now

1215 E Lemon St

TempeAZ85281
property at 1811 E Apache Blvd

$1,355

Total Monthly Price

Total Monthly Price

Base Rent
$1,355

Total Monthly Price
$1,355

1 Bedroom, 1 Bath Condo for Rent

Available Now

1811 E Apache Blvd

TempeAZ85281

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 1651 S Dobson Rd

$1,388

Total Monthly Price

Total Monthly Price

Base Rent
$1,388

Total Monthly Price
$1,388

1 Bedroom, 1 Bath Condo for Rent

Available Now

1651 S Dobson Rd, Unit 1

1651 S Dobson Rd
MesaAZ85202
property at 1522 E Southern Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

property at 1811 E Apache Blvd

$1,405

Total Monthly Price

Total Monthly Price

Base Rent
$1,405

Total Monthly Price
$1,405

Studio, 1 Bath Home for Rent

Available Now

1811 E Apache Blvd

TempeAZ85281
property at 949 S Longmore

$1,438

Total Monthly Price

Total Monthly Price

Base Rent
$1,438

Total Monthly Price
$1,438

2 Bedroom, 2 Bath Condo for Rent

Available Now

949 S Longmore

MesaAZ85202

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Alameda, Tempe, AZ Local Guide

Cheapest Available Alameda Apartments for Rent

 

The cheapest available apartment rental in the Alameda area of Tempe, AZ is a Studio unit found at The Link Apartments priced from $850. The Atrium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Alameda apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
The Link ApartmentsStudio - ClassicStudio,1BA$850
The Atrium1x11BR,1BA$850
El Diablo Apartments1BR/1.0BA1BR,1BA$885
Willowbrook Apartments1261BR,1BA$895
Grandes CortesStudioStudio,1BA$899
WaterstoneStudio S1-380Studio,1BA$900
Sentry TempeKonaStudio,1BA$905
San Jose Manor0BR/1.0BAStudio,1BA$939
SoL4BR/4BA - Silver4BR,4BA$940

Best Value Apartments for Rent in Alameda, AZ

As of March 19, 2026 the best value apartment in the Alameda area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Alameda apartment is the D1 PHPV Model at Nine20 Tempe starting at $1,059 with a $0.73 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.53
Nine20 TempeD1 PHPV4BR,4BA$0.73
Tempe Horizons2 Bed/2 Bath2BR,2BA$1.36
Luna Bear 5th StreetB12BR,2BA$1.37
Butterfield ParkTwo Bedroom Two Bathroom2BR,2BA$1.21
Sago GardensSingle Story2BR,1BA$1.21
Broadstone Tempe StationExpress1BR,1BA$1.37
The Avi2x12BR,1BA$1.30
Emerson Park2 Bed 1 Bath2BR,1BA$1.37
Willowbrook Apartments1261BR,1BA$1.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Alameda, Tempe, AZ

Ranked #1

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Alameda

What type of rentals are currently available in Alameda?

There are currently 446 Apartments for Rent in Alameda, AZ with pricing that ranges from $699 to $15,000. There are also 353 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $599 to $6,300.

What is the current price range for Rental Homes in Alameda?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $599 to $6,300 with an average monthly rent of $2,729.

How much are larger Three and Four Bedroom Rentals in Alameda?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $830 to $5,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $770.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.